After the invention of the internet in the 20th Century, the web was all about emails, portals, and search engines. However, as scientists continued to explore the amazing technology, several other web-based applications came up. Today, the social media ecosystem has changed its web engagement models from click-based to fan-based models, making social media platforms the internet kings. User expectations also evolved, leading to the development of different social networks for various functions like content sharing and publishing.
Users with interests in publishing utilize more blogs, while Facebook, Twitter, and YouTube lead in content sharing. However, despite significant developments, the technology always finds ways to make improvements. The social media world is in for a whole new experience in the wake of the latest innovation, blockchain. The technology comes with unique features that support diverse functionalities. Tech giant, Apollo Fintech, is introducing Stratus, a new social media ecosystem based on the technology.
What is Stratus?
Stratus is a new social media ecosystem built on the Apollo Blockchain. The ecosystem incorporates a variety of services, including major social and payment platforms. It will host functionalities of major handles like Facebook, Twitter, YouTube, Amazon, Ebay, and Medium, payment platforms like PayPal, and freelance sites such as UpWork, among other services.
Social Media Landscape Transformation
While providing excellent functionality and convenience to users, the ecosystem will also solve the common social media problems like data privacy, security, and censorship.
However, revolutionizing the social media ecosystem’s landscape in the third quarter of 2020 will be one major contribution by Apollo Fintech. Traditionally, the social media landscape involves existing platforms revolving around conversations and interactions. The interactions and conversations happen through supported functions like publishing, playing, sharing, networking, localization, buying, etc.
Each of the functions has a set of distinct platforms to support them. From the recent past, Facebook and Twitter have been the kings for sharing, although new improvements saw them support other functions, including playing and publishing. In its uniqueness, YouTube provides a different platform for sharing, centered on audiovisual content. Other platforms such as LinkedIn and Playdom are also available for networking and playing, respectively.
The over six functions supported by various platforms make the social media landscape seem somewhat complex. The services are all accessible using smartphones, desktops, laptops, and tablets. However, users need to open different tabs or different apps, which may not be possible on some devices. Apollo Fintech appreciates that the more people use social media, the more their needs and expectations become sophisticated.
Stratus will make all the platforms for sharing, playing, publishing, networking, and buying accessible in one roof. The platforms will be accessible using a single website or just one application. The company seeks to incorporate all major social platforms, although the launch will be happening in phases. The first phase is scheduled to begin in the 2020 Q3 and will include Facebook, Twitter, Medium, and PayPal. Later, Apollo will introduce Instagram, Robinhood, YouTube, and Coinbase in phase two, and TikTok, WhatsApp, LinkedIn, and Telegram in phase three. Travelocity, GoDaddy, UpWork, and Envato will come in phase four.
Stratus Ecosystem Advantages
Apollo Fintech intends to make Stratus the most secure, free, functional, and convenient ecosystem. All its capabilities and exceptionality is all attributable to Apollo’s Blockchain technology. Users will enjoy unique benefits which include:
Freedom of Expression
Social media censorship is among the most significant problems users face in most platforms, although Apollo Fintech is up to introducing an anti-censorship social network. The Stratus ecosystem promises a censor-free era, thanks to its unique algorithms that can by-pass censorship programs.
Based on blockchain technology, Stratus will be the first to support an Apollo wallet and a Universal fiat wallet. Users can make instant and highly secured payments using the Apollo currency. The ecosystem will also support users’ direct connectivity, making it possible for them to send money directly to any parties connected to them. Further, users can secure work opportunities through different networking platforms like LinkedIn or a direct link to freelance sites.
Modern life depends a lot on the internet, and providers of essential services shift to online work. Such changes in times necessitate other services like domain naming and web hosting. Stratus is leveraging the sophistication of internet user needs and will support providers of such services.
Security and Privacy
Stratus will run on the blockchain technology, which protects user conversations and interactions through end to end encryption. It will bring to an end the current user privacy violations such as data mining and selling to advertising companies. The technology also eliminates the risks of accounts hacking through its data storage mechanisms. Information is stored in interconnected blocks that form a chain. Each block holds the keys to the preceding one, which makes hacking quite difficult.
Apollo Fintech is already making significant progress in its launched blockchain projects, and the company is not making a stop in exploiting capabilities with the new technology. As a widely used niche, transforming social media will be among the Apollo blockchain’s significant accomplishments of 2020.
The ecosystem will be all-inclusive, fast, and secure. Social media enthusiasts can be ready for the most innovative social media ecosystem with remarkable capabilities and functionalities. Besides, it will no longer be necessary to overload devices with multiple apps for different platforms.